Shares fall more than 20% after the U.S. Justice Department accuses McGraw-Hill and S&P of three types of fraud, the first federal case against a ratings company for grades related to the credit crisis

By setting its sights on the $10 billion-a-year textbook industry, Apple is using the tablet to encourage students to shun costly tomes that weigh down backpacks in favour of less-expensive, interactive digital books that can be updated anywhere via the Web

McGraw-Hill Companies Inc is in advanced talks to merge its S&P Indices business with CME Group Inc’s Dow Jones Indexes, a source familiar with the situation said Thursday. A deal would bring together some of the oldest and most widely followed U.S. indexes including the Dow Jones Industrial Average and the S&P 500. Under the […]

McGraw-Hill Companies Inc said on Monday it would separate into two public companies, one focused on global markets and the other on education, pleasing investors who had been pushing for the company to split its businesses

Standard & Poor’s is giving a higher rating to securities backed by subprime home loans, the same type of investments that led to the worst financial crisis since the Great Depression, than it assigns the U.S. government